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An asset of value that lenders can take from you; the property or possessions that may be used as security for a loan.
Make occasional late payments on bills.
Cash
capital
Making a late car loan payment.
collateral
capacity
Pay off loans with the highest interest rate first.
You have the right to know why you were turned down for a loan.
Key factors of creditworthiness - income and employment history
Make occasional late payments on bills.
Cash
capital
Making a late car loan payment.
collateral
capacity
Pay off loans with the highest interest rate first.
You have the right to know why you were turned down for a loan.
Which is not one of the 4 C's of credit?
Make occasional late payments on bills.
Cash
capital
Making a late car loan payment.
collateral
capacity
Pay off loans with the highest interest rate first.
You have the right to know why you were turned down for a loan.
Of the following, which is the best strategy to reduce excessive debt?
Make occasional late payments on bills.
Cash
capital
Making a late car loan payment.
collateral
capacity
Pay off loans with the highest interest rate first.
You have the right to know why you were turned down for a loan.
Which of the following can impact your credit rating?
Make occasional late payments on bills.
Cash
capital
Making a late car loan payment.
collateral
capacity
Pay off loans with the highest interest rate first.
You have the right to know why you were turned down for a loan.
What right must lenders respect according to the Truth in Lending Act?
Make occasional late payments on bills.
Cash
capital
Making a late car loan payment.
collateral
capacity
Pay off loans with the highest interest rate first.
You have the right to know why you were turned down for a loan.
Sources you have for re-paying debts, other than salary (investment account, home, etc.)
Make occasional late payments on bills.
Cash
capital
Making a late car loan payment.
collateral
capacity
Pay off loans with the highest interest rate first.
You have the right to know why you were turned down for a loan.
Which of the following will NOT help you build a good credit history?
Make occasional late payments on bills.
Cash
capital
Making a late car loan payment.
collateral
capacity
Pay off loans with the highest interest rate first.
You have the right to know why you were turned down for a loan.
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